Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

UCB Major Shareholding Notification 2017

Mar 16, 2017

4017_mrq_2017-03-16_fa51e97b-700c-4b94-a591-2348aa523cbd.pdf

Major Shareholding Notification

Open in viewer

Opens in your device viewer

{# SEO P0-1: filing HTML is rendered server-side so Googlebot sees the full text without executing JS or following an iframe to a Disallow'd CDN path. The content has already been sanitized through filings.seo.sanitize_filing_html. #}

Brussels (Belgium), 16 March 2017 – 20:00 (CET) – regulated information

1. Summary of the notifications

Pursuant to Article 14 of the law of 2 May 2007 on the disclosure of large shareholdings, UCB SA/NV announces that it has received 2 transparency notifications dated 10 and 13 March 2017 respectively, from BlackRock, Inc. (having its registered offices at 55 East 52nd Street, New York, NY, 10055, U.S.A.).

In the first notification, BlackRock, Inc. has notified that, following an acquisition of UCB shares with voting rights by its affiliates, its shareholding in UCB SA/NV has increased and has crossed the threshold of 3% of the voting rights on 9 March 2017.

In the second notification, BlackRock, Inc. has notified that, following a disposal of UCB shares with voting rights by its affiliates, its shareholding in UCB SA/NV has decreased and has crossed downward the threshold of 3% of the voting rights on 10 March 2017.

On 9 March 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 860 825 UCB shares with voting rights (versus 5 827 753 shares in its previous notification dated 2 March 2017), representing 3.01% of the total number of shares issued by the company (194 505 658) (versus 2.996% in the notification dated 2 March 2017).

On 10 March 2017, BlackRock, Inc. (taking into account the holding of its affiliates) owned 5 735 352 UCB shares with voting rights, representing 2.95% of the total number of shares issued by the company (194 505 658).

2. Content of the notifications

The transparency notification dated 10 March 2017 includes the following information:

  • Reason for the notification: Acquisition or disposal of voting securities or voting rights
  • Date on which the threshold is crossed: 9 March 2017.
  • Notified details:
A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Holders of voting rights Linked to securities Not linked to the
securities
Linked to
securities
Not linked to the
securities
BlackRock, Inc. 0 0 0,00%
BlackRock (Netherlands) B.V. 18.125 18.125 0,01%
BlackRock (Singapore) Limited 6.386 6.386 0,00%
BlackRock Advisors (UK) Limited 873.961 869.849 0,45%
BlackRock Advisors, LLC 62.122 62.122 0,03%
BlackRock Asset Management
Canada Limited
61.391 61.916 0,03%
BlackRock Asset Management
Deutschland AG
229.787 229.787 0,12%
BlackRock Asset Management North
Asia Limited
644 644 0,00%
BlackRock Financial Management,
Inc.
73.659 73.659 0,04%
BlackRock Fund Advisors 1.807.552 1.832.636 0,94%
BlackRock Institutional Trust
Company, National Association
1.956.246 1.925.040 0,99%
BlackRock International Limited 8.503 8.503 0,00%
BlackRock Investment Management
(Australia) Limited
41.852 42.170 0,02%
BlackRock Investment Management
(UK) Limited
264.970 295.846 0,15%
BlackRock Investment Management,
LLC
239.961 250.849 0,13%
BlackRock Japan Co., Ltd. 182.594 183.293 0,09%
Subtotal 5.827.753 5.860.825 3,01%
TOTAL 5.860.825 0 3,01% 0,00%
B) Equivalent financial instruments After the transaction
Holders of equivalent
financial instruments
Type of financial instrument Expiration date Exercise period or
date
# of voting rights
that may be
acquired if the
instrument is
exercised
% of voting rights Settlement
BlackRock Advisors (UK) Limited Securities Lent 118.153 0,06% physical
BlackRock Fund Advisors Securities Lent 1.118 0,00% physical
BlackRock Institutional Trust
Company, National Association
Securities Lent 9.606 0,00% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 5.900 0,00% physical
BlackRock Japan Co., Ltd. Securities Lent 12.030 0,01% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 3.152 0,00% cash
BlackRock International Limited Contract for difference 1.284 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 20.572 0,01% cash
TOTAL 171.815 0,09%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 6.032.640 3,10%

Additional information:

The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 3%.

The transparency notification dated 13 March 2017 includes the following information:

  • Date on which the threshold is crossed: 10 March 2017.
  • Notified details:
A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Holders of voting rights Linked to securities Not linked to the
securities
Linked to
securities
Not linked to the
securities
BlackRock, Inc. 0 0 0,00%
BlackRock (Netherlands) B.V. 18.125 18.125 0,01%
BlackRock (Singapore) Limited 6.386 6.386 0,00%
BlackRock Advisors (UK) Limited 869.849 885.692 0,46%
BlackRock Advisors, LLC 62.122 62.269 0,03%
BlackRock Asset Management
Canada Limited
61.916 61.916 0,03%
BlackRock Asset Management
Deutschland AG
229.787 229.787 0,12%
BlackRock Asset Management North
Asia Limited
644 644 0,00%
BlackRock Financial Management,
Inc.
73.659 73.659 0,04%
BlackRock Fund Advisors 1.832.636 1.832.708 0,94%
BlackRock Institutional Trust
Company, National Association
1.925.040 1.922.012 0,99%
BlackRock International Limited 8.503 8.503 0,00%
BlackRock Investment Management
(Australia) Limited
42.170 42.170 0,02%
BlackRock Investment Management
(UK) Limited
295.846 157.471 0,08%
BlackRock Investment Management,
LLC
250.849 250.717 0,13%
BlackRock Japan Co., Ltd. 183.293 183.293 0,09%
Subtotal 5.860.825 5.735.352 2,95%
5.735.352 0 2,95% 0,00%
B) Equivalent financial instruments After the transaction
Holders of equivalent
financial instruments
Type of financial instrument Expiration date Exercise period or
date
# of voting rights
that may be
acquired if the
instrument is
exercised
% of voting rights Settlement
BlackRock Advisors (UK) Limited Securities Lent 118.153 0,06% physical
BlackRock Fund Advisors Securities Lent 1.118 0,00% physical
BlackRock Institutional Trust
Company, National Association
Securities Lent 9.606 0,00% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 30.872 0,02% physical
BlackRock Japan Co., Ltd. Securities Lent 12.030 0,01% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 3.152 0,00% cash
BlackRock International Limited Contract for difference 1.348 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 21.936 0,01% cash
TOTAL 198.215 0,10%
TOTAL (A & B) # of voting rights % of voting rights

Additional information:

The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 3%.

CALCULATE 5.933.567 3,05%

The information mentioned hereafter was identical in both notifications:

  • Reason for the notification: Acquisition or disposal of voting securities or voting rights
  • Notification by: A parent undertaking or a controlling person.
  • Persons subject to the notification requirement:
Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany
BlackRock Asset Management North Asia Limited 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central,
Hong Kong
BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Fund Advisors 400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock Institutional Trust Company, National
Association
400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K.
BlackRock Investment Management (Australia)
Limited
Level 37, Chifley Tower, 2 Chifley Square, Sydney NSW 2000 Australia
BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Investment Management, LLC 1 University Square Drive, Princeton, NJ, 8540, U.S.A.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan
  • Threshold crossed (in %): 3%.
  • Denominator: 194 505 658.
  • Chain of controlled undertakings through which the holding is effectively held:

Please see the full chain of control in the PDF which is attached to the notifications.

3. Further information

This press release and the detailed transparency notifications are available on UCB SA/NV's website via the following link.

An updated overview of the UCB SA/NV large shareholdings will be available on UCB SA/NV's website via the following link.

Investor Relations

Antje Witte, Investor Relations, UCB T +32 2 559 94 14, [email protected]

Isabelle Ghellynck, Investor Relations, UCB T +32 2 559 95 88, [email protected]

About UCB

UCB, Brussels, Belgium (www.ucb.com) is a global biopharmaceutical company focused on the discovery and development of innovative medicines and solutions to transform the lives of people living with severe diseases of the immune system or of the central nervous system. With more than 7 500 people in approximately 40 countries, the company generated revenue of € 4.2 billion in 2016. UCB is listed on Euronext Brussels (symbol: UCB). Follow us on Twitter: @UCB_news